The US government's decision to add more of Huawi's affiliates to a blacklist is "unfair" and "politically motivated" and will not help the country advance its technological leadership, the Chinese telecommunications giant said in a statement.
U.S. Commerce Secretary Wilbur Ross announced Monday that it extended another 90 days with a temporary reprieve for Huawei to continue doing business with US companies. The deadline was Monday. However, the Bureau of Industry and Security (BIS) added another 46 Huawei affiliates to the blacklist.
"These actions violate the basic principles of free market competition. They are of no interest, including US companies," Huawei said in a statement Tuesday.
In May, Huawei was put on the US unit list, which restricts US companies from doing business with the Chinese company. Shortly thereafter, the government offered a 90-day delay to Huawei that allowed US companies to continue to sell limited and specific products to them.
"As we continue to encourage consumers to switch from Huawie's products, we recognize that more time is needed to prevent any disruption," Ross said in a statement.
Some US rural mobile networks use Huawei equipment while some US technology component companies rely on a significant portion of the revenue from the Chinese giant.
Ross reiterated his concern that Huawei poses a threat to national security. The United States has claimed that Huawei's equipment could be used as a back door by the Chinese government to spy on Americans, the company has repeatedly denied.
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On Tuesday, Huawei called Washington's decision to add more of its affiliates to the entity list "politically motivated."
"Attempts to suppress Huawi's operations will not help the United States achieve technological leadership," Huawei said in a statement. "We ask the US government to end this unfair treatment and remove Huawei from the entity list."
The company added that the decision "will not have a material impact" on the business. Huawei Chairman Liang Hua said "neither production nor shipment has been canceled, not for a single day."
Nevertheless, earlier this year, Huawei lowered its revenue forecast, forecasting a $ 30 billion hit to revenue over the next two. year.